Reinsurance News

BMS expands into India with new strategic partnership

BMS Group has announced a strategic partnership with Berns Brett India, signalling its expansion into the Indian market, with the local entity set to be rebranded BMS (India) Ltd pending regulatory approval. Nick Gillett, CEO of BMS International,...

Posted: Dec 17, 2025

Jefferies flags further property pricing deterioration after mild hurricane season

In a new report, Jefferies analysts have warned that risk-adjusted pricing is set to deteriorate further, with a benign hurricane season potentially triggering 10–15% declines. According to the analysts, property risk-adjusted rates turned negativ...

Posted: Dec 17, 2025

Maximum Information raises £2.3m in seed round led by Insurtech Gateway

Maximum Information has closed its £2.3 million seed round, led by Insurtech Gateway with participation from Liberty Mutual Strategic Ventures, Convex and Portfolio Ventures. Founded in 2020, Maximum Information is committed to increasing global r...

Posted: Dec 17, 2025

Henrietta Butcher to lead Lockton Re’s new LNAPS division

Lockton Re, the reinsurance arm of insurance broker Lockton, has launched a new division, London North America Portfolio Solutions (LNAPS), which industry leader Henrietta Butcher will lead. Butcher was previously a Managing Director at Tysers, ha...

Posted: Dec 17, 2025

Brit hires Jane Bioletti from Lloyd’s as Head of Operations

Global specialty insurer and reinsurer Brit Group Holdings Limited has hired Jane Bioletti from Lloyd’s as its new Head of Operations, reporting to Susan Andrew, Operations Director at the firm. Bioletti joined Brit in December from the spec...

Posted: Dec 17, 2025

AM Best confirms stable outlook for Malaysia’s non-life insurance sector

Credit rating agency AM Best has confirmed a stable outlook for Malaysia’s non-life insurance sector, highlighting regulatory measures aimed at boosting insurance penetration and the phased removal of tariffs on motor and fire insurance. The ratin...

Posted: Dec 17, 2025

Pre-arranged disaster finance hits record high, Centre for Disaster Protection finds

The Centre for Disaster Protection, an independent organisation working to strengthen the way the global system finances responses to climate and disaster shocks, has published new analysis showing that pre-arranged disaster risk finance has expan...

Posted: Dec 17, 2025

Swiss Re’s Amitabha Ray on tackling Asia’s protection gap and emerging risks in 2026

In a recent Reinsurance News interview, Amitabha Ray, Chief Executive Officer of Swiss Re India branch, shared his insights on the evolving landscape for reinsurance in 2026, with a particular focus on the Indian and broader Asia Pacific markets....

Posted: Dec 17, 2025

Slide Insurance expects 33% top-line growth for 2025

Technology-enabled insurer, Slide Insurance Holdings, Inc. expects to record full-year 2025 gross written premiums of between $1.77 billion and $1.78 billion, representing a 33% year-on-year increase. Today, Slide has announced some preliminary fi...

Posted: Dec 16, 2025

Florida property insurance market shows strong recovery, ALIRT reports

ALIRT, a provider of insurance market research and analysis, recently released its annual review of the Florida domestic property insurance market, highlighting the overall state of the market following tort reforms. According to ALIRT, the Florid...

Posted: Dec 16, 2025

Guidewire introduces Olos to advance pricing, underwriting and workers’ comp performance

Guidewire, known for delivering cloud solutions tailored to property and casualty insurers, positions its new Olos release as a major advancement in how the industry manages pricing, underwriting, and workers’ compensation claims. The company pres...

Posted: Dec 16, 2025

Munich Re Specialty announces CEO succession plans for HSB and American Modern

Munich Re’s global specialty insurance business has announced the upcoming retirements of Greg Barats, CEO and President of HSB, and Andreas Kleiner, CEO and President of American Modern Insurance Group. Both leaders are set to retire in the first...

Posted: Dec 16, 2025

Aon Client Treaty renewed and expanded for 2026 with 28.5% line size maintained

Global re/insurance broking group Aon has announced the renewal of its fast-follow automatic insurance facility, Aon Client Treaty (ACT), for 2026, which has been expanded, and like the 2025 renewal, provides clients with 28.5% of pre-secured, Llo...

Posted: Dec 16, 2025

Sanjay Shah joins Price Forbes Re as VP, Business Development Actuary

Price Forbes Re, an independent specialist risk strategy and reinsurance broker, has named Sanjay Shah as Vice President (VP), Business Development Actuary. Based in London, he will report to Isaac Sanday, the company’s Global Head of Life, Pensio...

Posted: Dec 16, 2025

Atradius Syndicate 1864 receives final Lloyd’s approval to underwrite

Global credit insurer Atradius has received final regulatory approval for its Lloyd’s Syndicate 1864 to begin underwriting business from 1 January 2026. Syndicate 1864, which received Lloyd’s ‘in principle’ approval back in July, will focus...

Posted: Dec 16, 2025

Nick Cox appointed Class Underwriter of Arrow’s newly launched International PI practice

Arrow Risk Management, a specialist MGA underwriting platform, has announced the launch of its International Professional Indemnity (PI) practice and the appointment of Nick Cox as Class Underwriter. The new practice marks a significant expansion...

Posted: Dec 16, 2025

Expanding strategic partnerships and maintaining a balanced portfolio: AXA XL Re’s CUO on 2026

In a recent Reinsurance News interview, Jonathan Gale, Chief Underwriting Officer (CUO) at AXA XL Re, shared his insights on market dynamics, challenges, and opportunities for 2026. Gale oversees underwriting strategy and risk selection across all...

Posted: Dec 16, 2025

Ranji Sinha to lead newly launched BMS (DIFC) as broker strengthens commitment to the region

Global insurance and reinsurance broker BMS Group Ltd has officially launched BMS (DIFC) Ltd after the receipt of all necessary Licence and Regulatory Approval. The specialist re/insurance broker launched its Middle East operation with the acquisi...

Posted: Dec 16, 2025

Adam Clifford named CEO of AIG’s International Commercial Insurance

Global insurer American International Group (AIG) has announced the appointment of Adam Clifford as Chief Executive Officer (CEO), International Commercial Insurance, effective January 5, 2026. Based in London, Clifford will leverage his nearly 30...

Posted: Dec 16, 2025

Beazley appoints Nat Cross as Head of Digital Follow Underwriting

Specialty insurer Beazley has announced the appointment of Nat Cross to the newly created role of Head of Digital Follow Underwriting, effective 1st February 2026. Since the launch of its dedicated follow syndicate, Smart Tracker 5623, in 2018, Be...

Posted: Dec 16, 2025

2025 insured nat cat losses to exceed $100bn but down 24% year-on-year: Swiss Re

2025 insurance and reinsurance industry losses from natural catastrophes are expected to exceed $100 billion for the sixth consecutive year, but at an estimated $107 billion, the total is 24% lower than the $141 billion seen in 2024, and 3% below...

Posted: Dec 16, 2025

Dwayne Hunt named SVP, Head of Property Insurance at Hamilton Re

Hamilton Insurance Group, Ltd, a specialty re/insurance company, has appointed Dwayne Hunt as Senior Vice President and Head of Property Insurance at Hamilton Re, its Bermuda-based underwriting platform, effective immediately, replacing Gavin Davi...

Posted: Dec 16, 2025

Insurers to access Terrorism Reinsurance Pool as Bondi Beach attack declared a terrorism incident

The Bondi Beach attack on December 14th has been declared a terrorism incident for insurance purposes under the Terrorism and Cyclone Insurance Act 2003 (TCI Act), activating the Terrorism Reinsurance Pool (TRP) as the Insurance Council of Austral...

Posted: Dec 16, 2025

XS Global expands into Asia Pacific with Hong Kong launch

XS Global, an independently owned managing general underwriting (MGU) platform, has expanded into the Asia Pacific region with the launch of XS Global Asia Pacific Ltd (XSGAP) in Hong Kong, with the office being led by APAC CEO and XS Global Execu...

Posted: Dec 16, 2025

South Korea adjusts discount rate rules to ease solvency pressures on non-life insurers

South Korea’s financial authorities have relaxed regulations on discount rates, a move expected to ease solvency pressures for the country’s non-life insurers, according to credit rating agency AM Best. Declining market interest rates, combined wi...

Posted: Dec 16, 2025